Donald Trump has spent his second term pushing for Federal Reserve rate cuts he hopes will reignite an economy that a few years ago boasted unemployment lower than at any time since the Nixon administration.
A lot of that effort has focused on trying to push out the central bank’s current members with insults, threats, attempted firings and even an unprecedented criminal probe by his Justice Department. But even now, Fed officials are signaling renewed worries over inflation, with “several” policymakers suggesting the central bank may need to raise interest rates again.